In a bid to take the generation capacity to 8,600 MW in the next five years, Jindal Steel & Power (JSPL) is looking to invest about Rs 20,000 crore in its power business. The company’s present capacity is 5,300 MW including 3400 MW of its arm Jindal Power. The company last week has completed its 2,400-MW Tamnar expansion project in Chhattisgarh for about Rs 13,000 crore.
Jindal Steel & Power is a part of Jindal Group and is a leading player in Steel, Power, Mining, Oil & Gas and Infrastructure. The company produces economical and efficient steel and power through backward integration from its own captive coal and iron-ore mines and passes on the benefits to its customers.
